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8300-8440 Esters Boulevard
SOLD

Hillwood Acquires 34-Acre Industrial Complex In Irving From Link Logistics

8300-8440 Esters Boulevard

Industrial
766,000 SF
clock iconSold 16 days ago
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Summary

Sale
TEXAS
Industrial
766,000 sqft

The 34-acre Freeport Business Center located at 8300-8440 Esters Boulevard in Irving, near Dallas-Fort Worth International Airport, has been acquired by Hillwood, led by Ross Perot Jr. The industrial property comprises 383,000 square feet across three buildings and is 70 percent leased, with notable tenants including Boeing, Sirius XM, Northrop Grumman, and Yardi Systems.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Buyer: Ross Perot Jr. & Steve Aldrich - Hillwood
  • Seller: Luke Petherbridge - Link Logistics
  • Market: Irving
  • Acres: 34

Ross Perot Jr. and Steve Aldrich of Hillwood have expanded their real estate holdings in North Texas with the strategic acquisition of the Freeport Business Center. The complex's proximity to major transportation routes and airport access, along with its impressive tenant roster, including Boeing, highlight the appeal and value of this investment.

Details

Deal Summary
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SOLD
IMAGE: Luke Petherbridge, Ross Perot Jr. & Steve Aldrich DATE: 04/29/2024 ADDRESS: 8300-8440 Esters Boulevard MARKET: Irving ASSET TYPE: Industrial ~ SF: 383,000 ~ ACRES: 34 BUYER: Ross Perot Jr. & Steve Aldrich - Hillwood SELLER: Luke Petherbridge - Link Logistics (@LinkLogisticsre) NOTE: Hillwood, led by Ross Perot Jr., has acquired the 34-acre Freeport Business Center in Irving, near Dallas-Fort Worth International Airport, expanding its real estate holdings in North Texas. The complex, comprising 383,000 square feet across three buildings, is 70 percent leased with notable tenants including Boeing, Sirius XM, Northrop Grumman, and Yardi Systems. Boeing recently expanded its lease by 50,000 square feet in one of the renovated buildings, demonstrating confidence in the location's appeal. Hillwood's vice president highlighted the strategic value of the acquisition, citing its proximity to major transportation routes and airport access.

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Address8300-8440 Esters Boulevard

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